Avoiding compliance risk in 2024: How two new laws affect your contingent workforce

Effectively managing many contractors requires staying updated on tax and labor laws to avoid penalties. Understanding the differences between contractors and employees, their tax requirements ...

The Resurgence of Personal Service Companies?

Contractor engagement within the UK has been fraught with liability thanks to various changes to tax legislation which has made hirers liable for any tax unpaid by independent contractors. ...

Global Expansion: The Challenges of Payroll and Taxes

Large or small, all businesses have to ensure their payroll, invoices, tax bills and data inputs are in compliance with relevant laws. There are several complicated procedures involved ...

How to Avoid Reputational Risk in Your Supply Chain

The contractor market was rocked this month by allegations that several umbrella companies are skimming from the salaries of their workers through unspecified “employment costs.” ...

The IR35 Pressure Is Back On — What Can Be Done to Reduce it?

Liz Truss’ short-lived proposal to repeal the 2017 and 2021 off-payroll working rules was met with a collective sigh of relief from the market. It felt as though the pressure of the ...

What Does HS2’s Latest IR35 Fine Mean for Businesses, Agencies and Contractors?

Another high-profile public sector organization has fallen afoul of IR35. High Speed 2 (HS2), the public body responsible for developing the UK’s high-speed rail network, is anticipating ...

Tax Deduction Limits and the Pass-Through Entity

The Tax Cuts and Jobs Act (TCJA) passed in 2017 included limits in the amounts of state and local taxes individuals are now able to deduct. States have tried to work around these limits ...

IR35: A Force for Good

Changes to IR35, the off-payroll legislation that came into effect in the private sector in April 2021, have been painted in a bad light since they were first introduced. With high ...

Retroactively Claiming the Employee Retention Tax Credit: What Staffing Firm Owners Need to Know

Staffing firm owners may be leaving critical funds on the table – potentially tens of thousands of dollars – all from not knowing these four words: Employee Retention Tax Credit ...

Avoiding Harsh ACA Penalties: How Staffing Firms Can Stay Compliant

The IRS recently ended Good Faith Transitional Relief for inaccurate or incomplete Affordable Care Act (ACA) reporting beginning tax year 2021. Translation: you could soon be facing ...

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